Casino reaffirms that are totally unfounded news of interest in selling Sugar Loaf says GPA

SAO PAULO (Reuters)-the French retailer Casino Group reiterated that not carrying out the information that would have hired a financial institution to prospect the sale of Grupo Pão de Açúcar, said the Brazilian group in a statement on Wednesday night. Published in Brazilian newspapers in recent days say that the French retailer hired the Bank Rothschild to seek buyer for the Sugarloaf. On Thursday, the newspaper said Rothschild polled at least one Brazilian investor interest in buying brazilian supermarkets network this week. "The Casino Group ratified the company not carrying out the information that would have hired financial institution with the aim of exploring possible interested in acquiring the operations of the CBD, being so totally unfounded any news linked to the issue, "said the GPA in a statement on Wednesday night.